Image Source: UnsplashAnd so we see a strong rally in stocks, based on no new information that triggered the sharp sell off from the day before.Gold and silver, which had sold off sharply the day before, rallied strongly.Gold has held its short term breakout fairly well so far. It needs to regain some momentum to take out the resistance it now faces, and move on to its next objective. It may well do that.Silver has not yet broken out of its trading formation on the weekly chart. It made it back up to the top of the range today, but rangebound it remains.The mundane mind of the spokesmodels finds comfort is silly rationalizations and arcane auspices of the chief equity strategists from the Banks.On the political front, our official narrative is simple madness, driven by the reckless lust for power and money by the dominant extremes of the halls of power, public and private. Most are only looking out for their own short term advantage, whether it is truly good for them or not.And the more frightened and uncertain people get, the louder and crazier they become.This is a wicked and adulterous generation. It demands a sign.Well, why don’t you tell us what is happening, and what we ought to do?This is what several voices have been doing, for some time now. Mostly to hardened hearts, in bare, ruined choirs. This is how it has always been. They don’t believe in war, and plagues.Until something that will be missed has been consumed.Have a pleasant evening.More By This Author:Stocks And Precious Metals Charts – Fed CutStocks And Precious Metals Charts – Pretty Much Unchanged Stocks And Precious Metals Charts – Sliding Contentedly Into The Abyss
No Comments